Storms to Steps: Credit Unions Come Together in Good Times & Bad

Unitus Community CU hosts an outdoor career fair in Portland, Ore.

A common theme we see a lot of in our news coverage here at CU Times is the noncompetitive nature of credit unions – the fact that they choose to support one another instead of fight over new business, members or employees. For example, it’s not unusual for a credit union to recommend another cooperative to a potential member or employee, simply because it may be a better fit for their financial needs or skill set. What matters most to many credit unions is the success of the movement as a whole, and their unified philosophy isn’t something you’ll find in a lot of industries (ahem, banking).

We’ve been continuing to see examples of credit unions’ ability and willingness to lift one another up, and what’s even more encouraging is they tend to do so unconditionally. They come together whether the circumstances are serious and dire, or celebratory and fun. Here are three ways credit unions demonstrated their cooperative spirit in just the past few weeks.